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WASHINGTON, DC – The National Retail Federation's (NRF) Stores magazine has released SAP Americas' top 100 retailers rankings. The rankings are based by revenue, regardless of channel or market, allowing an "annual snapshot" of the retail industry, according to the NRF.
According to the NRF, competition is heating up between channels and mergers and acquisitions have shaken up the rankings. The report attributes rising gas costs caused from natural disasters in the U.S. and abroad to the boost in sales from gas retailers like 7-Eleven, Wawa and Sheetz.
Gas prices hoisted 7-Eleven up two spots from last year to number 24. It also allowed chains Sheetz, at number 74, and Wawa, number 53, to join the list. C-stores that are owned or operated by major petroleum companies were not ranked on the list.
Four companies that made the "Power Players" list are privately owned, one is operated by a Canadian company, and another, 7-Eleven, is both private and foreign-owned. In addition, three public companies, Alimentation Couche-Tard (Circle K), The Pantry and Casey's General, have been noted as the fastest growing, according to the report.
C-stores who made the list include:
-- 7-Eleven, number 24, reported $13 billion in revenue, up 6.2 percent from last year.
-- Couche-Tard, ranked 34, with $8.785 billion in revenue, up 74 percent.
-- Wawa, ranked 53, reported $5 billion in revenue, an increase of 13.6 percent.
-- The Pantry ranked number 60, with $$4.429 billion in revenue, a 26.8 percent increase.
-- RaceTrac Petroleum, at number 66, reported $4 billion in revenue, a 20.8 percent rise.
-- Casey's General, 73, beat Sheetz, 74, by a slim margin, reporting $3.15 billion in revenue. Sheetz reported $3 billion. They reported a 25.3 percent and 12.9 percent increase, respectively.
-- Cumberland Farms, number 87, reported $2.9 billion in revenue, a 16 percent increase.